Santos Limited

Central Petroleum Limited (ASX:CTP) announced today a joint venture with partner Santos Limited (ASX:STO) (Santos) spending up to A$150 million for the further exploration and potential development of up to 13 permit/application areas in the Amadeus and Pedirka Basins in central Australia.

Beach Energy (ASX:BPT) (PINK:BCHEY) has been advised by the operator of the SACB JV that the Moomba-191 unconventional vertical well has flowed gas at a stable rate of 2.6 MMscfd and peaked at 3.0MMscfd. This adds further credibility to Beach's unconventional program from which it will be drilling Australia's first unconventional horizontal well later in the year.

Beach Energy Limited (ASX:BPT) has been informed by Santos (ASX:STO), the operator of the Tantanna to Moomba oil pipeline, that Santos plans to permanently shut down the Tantanna to Gidgealpa oil pipeline on 1 June 2012. The new Lycium Hub to Moomba trunkline, which will replace the Tantanna pipeline and have an increased capacity of 15,000 bopd, is expected to be operational in Q4 2012

Austin Exploration Limited (ASX:AKK) (OTCQX:AUNXY) today announce that internationally respected petroleum industry executive, Mr Richard Cottee, will join the Company's Board of Directors as Non-Executive Chairman, effective 24 February 2012.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has produced first gas from the PEL106B Joint Venture's Middleton gas production facility. Gas is now flowing to the Moonanga Tie-In Point, at which point the Raw Gas is sold to the South Australian Cooper Basin Joint Venture (Santos (ASX:STO) 66.60%, Delhi Petroleum 20.21% and Origin Energy (ASX:ORG) 13.19%) under a Gas Sale Agreement for the sale of a minimum 3 Billion Cubic Feet of Raw Gas. Initial production rate after ramp up is expected to be 25 MMscf/d comprising about 15 TJ/d sales gas, and 1250 bbls per day of LPG and condensate.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has released a monthly drilling report for December 2011.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has been informed by Santos Ltd (ASX:STO) that the pipeline between the Tantanna facility and the Gidgealpa facility is now back online and is flowing at approximately 5,500 barrels of oil per day ("bopd"). The re-commissioning of the Tantanna pipeline is over two months ahead of Beach's initial expectations.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) provides the monthly drilling report for October 2011.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to release the monthly drilling report for September 2011.

Asian Activities Report for August 24, 2011 includes: TVN Corporation Pty Ltd (ASX:TVN) announced the results from its latest drilling activities at the Nuurst Project in Mongolia; PMI Gold Corporation (ASX:PVM) reported further positive drilling results from its 100%-owned Obotan Gold Project in Ghana; Senex Energy Limited (ASX:SXY) secures agreement for the pipeline transportation of crude oil from Snatcher oil field; Australia Minerals and Mining Group Limited (ASX:AKA) has updated its kaolin resource at Yilgarn project areas in Western Australia; Biocon Limited's (BOM:532523) subsidiary Clinigene International Limited has signed a strategic partnership agreement with Spaulding Clinical Research, LLC.